TXOne Networks raises $70 million to defend industry verticals against cybersecurity threats

TXOne Networks has entered into definitive agreements in connection with its Series B financing with total investment proceeds of $70 million. The latest capital injection will be used to expand TXOne Networks’ global presence and defend industry verticals worldwide against cybersecurity threats to industrial control systems (ICS). The new funding round was led by TGVest Capital ($20 million), with participation from KAiA Capital, CDIB Capital Group, CDIB-Innolux L.P., MediaTek, Ta Ya Electric Wire & Cable, … More →

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